David Tepper's New Hamptons Mansion Is Coming Along Nicelyhttp://www.businessinsider.com/david-teppers-new-hamptons-mansion-is-coming-along-nicely-photos-2013-1/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Tue, 03 Mar 2015 15:01:28 -0500Julie Zeveloffhttp://www.businessinsider.com/c/50eeb62569bedd2a1c000029tjnThu, 10 Jan 2013 07:37:57 -0500http://www.businessinsider.com/c/50eeb62569bedd2a1c000029
Not that big?? looks to north of 10K sqft on the main house.http://www.businessinsider.com/c/50ed08926bb3f7a832000023Staw houseWed, 09 Jan 2013 01:05:06 -0500http://www.businessinsider.com/c/50ed08926bb3f7a832000023
And the fact that the beurocrats in DC feel they need to nanny us and protect us from ourselves. I mean, it's OK to go to Vegas and play the odds, but not for us to play the odds with money managers.
Do you realize that the US is one of the worst, if not THE WORST, countries to be an investor in if you don't have 1mil in assets?http://www.businessinsider.com/c/50eccbb46bb3f79b4300000cBrick HouseTue, 08 Jan 2013 20:45:24 -0500http://www.businessinsider.com/c/50eccbb46bb3f79b4300000c
Yes, he has produced a lot of phony fiat wealth for the 1% and corporate pensions. But, the only thing this does for society is create huge wealth gaps. You see, normal folks, folks that might have $1000 to invest, can't invest in hedge funds. They can't give their money to "money mangers" and receive 20% a year. Why? Because the bureaucrats make laws "protecting" us from receiving such high returns. It's the State lottery or nothing for us!
Moreover, speculators like this and their fiat money are DESTRUCTIVE. Whereas the gold standard is conservative, the printing presses of the Fed are liberal and wasteful. Why? Well, come visit me in Asia and I'll show you capital flows. I'll show you the wealth effect and how it's so extremely wasteful and destructive--cranes in the sky, buildings for no one or no apparent reason--a luxury condo here, a fancy office building there... all unnecessary and wasteful.
The Fed has created an economy for fools, and these Hedge Fund managers are parasites feeding off of it!http://www.businessinsider.com/c/50ec961e6bb3f70c5f000008VenomTue, 08 Jan 2013 16:56:46 -0500http://www.businessinsider.com/c/50ec961e6bb3f70c5f000008
Nice looking home and to be honest, for out there it is not that big.http://www.businessinsider.com/c/50ec835a6bb3f72f3b000030factcheckerTue, 08 Jan 2013 15:36:42 -0500http://www.businessinsider.com/c/50ec835a6bb3f72f3b000030
so you are saying that both having a mansion this large and having a 30 round mag is stupid and pointlesshttp://www.businessinsider.com/c/50ec7fb1ecad040347000008Dean WormerTue, 08 Jan 2013 15:21:05 -0500http://www.businessinsider.com/c/50ec7fb1ecad040347000008
More likely "blueboard" to hang stucco or other insulation.http://www.businessinsider.com/c/50ec7dd96bb3f7323000000aouroborosTue, 08 Jan 2013 15:13:13 -0500http://www.businessinsider.com/c/50ec7dd96bb3f7323000000a
I don't agree with you. What he is doing is kind of what rich people do in the Hamptons. If he bought a property in a normal neighborhood, tore it down and had a custom mansion twice the size built there just to piss off his neighbors then I would agree with you. He has a lot of money to burn, and I am sure the whole process of building your dream home is very fun.http://www.businessinsider.com/c/50ec7dbeeab8ea5e67000003BlackBoxHaloTue, 08 Jan 2013 15:12:46 -0500http://www.businessinsider.com/c/50ec7dbeeab8ea5e67000003
I need it for the same reason someone needs this mansion.http://www.businessinsider.com/c/50ec7ba76bb3f7f12d000005Mr ThriftyTue, 08 Jan 2013 15:03:51 -0500http://www.businessinsider.com/c/50ec7ba76bb3f7f12d000005
The 1960's called...they want their turquoise paint back...http://www.businessinsider.com/c/50ec795ceab8ead359000008Save the PlanetTue, 08 Jan 2013 14:54:04 -0500http://www.businessinsider.com/c/50ec795ceab8ead359000008
He's competing with Al Gore's new mansion, they are both doing their part to fight "man-made" global warming so our children and our children's children have a more sustainable future on Mother Earth.
So stop moaning and go pay more taxes like a good little peasant
/sarchttp://www.businessinsider.com/c/50ec75a06bb3f7fe22000002john1066Tue, 08 Jan 2013 14:38:08 -0500http://www.businessinsider.com/c/50ec75a06bb3f7fe22000002
Read it again and not seeing the sarcasm.http://www.businessinsider.com/c/50ec70daecad04832c000002curious2thatTue, 08 Jan 2013 14:17:46 -0500http://www.businessinsider.com/c/50ec70daecad04832c000002
Generous fella. Did he also donate to his college alma mater Pitt?http://www.businessinsider.com/c/50ec6a3a69bedd497000000cdTue, 08 Jan 2013 13:49:30 -0500http://www.businessinsider.com/c/50ec6a3a69bedd497000000c
No; I must admit, my net is shy of $7B. You have a fair question but I alluded to my feelings in the last response. I suppose it’s a "values" thing. I could drive Carrera 4 and live in a house much bigger than the one I have, but I don't. Ditto - clothes, jewelry, restaurants, etc. I just don't get conspicuous consumption and ostentatious displays of wealth. I’m not saying that Tepper (or anyone else) doesn’t have the right to spend his money as he sees fit – he certainly does – I am saying that a person can make themselves and their family comfortable and happy with significantly less. The benefits of that I’ll leave to your contemplation.http://www.businessinsider.com/c/50ec6233eab8eac024000004JmdTue, 08 Jan 2013 13:15:15 -0500http://www.businessinsider.com/c/50ec6233eab8eac024000004
Teal??? Money cannot buy taste!http://www.businessinsider.com/c/50ec620b6bb3f78779000006factcheckerTue, 08 Jan 2013 13:14:35 -0500http://www.businessinsider.com/c/50ec620b6bb3f78779000006
you are stupid and incoherenthttp://www.businessinsider.com/c/50ec5dddeab8ea631600000aViola PerryTue, 08 Jan 2013 12:56:45 -0500http://www.businessinsider.com/c/50ec5dddeab8ea631600000a
They used to call them castles in the old days! I wonder what staff they hire to keep the house clean and functioning properly (illegals?) Hedge funds should be outlawed period!http://www.businessinsider.com/c/50ec5ab2eab8ea0c13000006factcheckerTue, 08 Jan 2013 12:43:14 -0500http://www.businessinsider.com/c/50ec5ab2eab8ea0c13000006
and why not? nothing is stopping you from doing the same thing as Tepper......other than the fact you dont have the skills and would rather sit on the sidelines and cry about ithttp://www.businessinsider.com/c/50ec5a3369bedd504a000002facrcheckerTue, 08 Jan 2013 12:41:07 -0500http://www.businessinsider.com/c/50ec5a3369bedd504a000002
yep.
what do you need a 30 round mag for anyways? for hunting?http://www.businessinsider.com/c/50ec568e69bedda83e000003VenomTue, 08 Jan 2013 12:25:34 -0500http://www.businessinsider.com/c/50ec568e69bedda83e000003
Sarcasm. That just went right over your head, didn't it?http://www.businessinsider.com/c/50ec53df6bb3f72261000003dTue, 08 Jan 2013 12:14:07 -0500http://www.businessinsider.com/c/50ec53df6bb3f72261000003
Darth - funny - since you don't know me or what I do, that was a pretty ignorant statement. That said, one can be quite successful and yet not need to engage in ostentatious and boorish displays of wealth. I understand if you need to consult a dictionary.http://www.businessinsider.com/c/50ec52e16bb3f7bd5e000001john1066Tue, 08 Jan 2013 12:09:53 -0500http://www.businessinsider.com/c/50ec52e16bb3f7bd5e000001
FYI if he has it insured privately it most likely will be Lloyds of London. Private insurance companies will not touch flood insurance because of Adverse selection.
<a href="http://en.wikipedia.org/wiki/Adverse_selection" target="_blank" rel="nofollow" >http://en.wikipedia.org/wiki/Adverse_selection</a>
Also Flood insurance maxes at up to $250,000 in damage.
Do you even bother to do research before you post or does that get in the way of the FUD you're trying to sell? The Internet has been around for awhile.http://www.businessinsider.com/c/50ec4a97ecad049f61000009egg sandwichTue, 08 Jan 2013 11:34:31 -0500http://www.businessinsider.com/c/50ec4a97ecad049f61000009
Yesterday Tepper was featured as a billionaire who lived like a pauper. lolhttp://www.businessinsider.com/c/50ec44e069bedd170e00000eSalTue, 08 Jan 2013 11:10:08 -0500http://www.businessinsider.com/c/50ec44e069bedd170e00000e
BTW, inequality is a good thing
<a href="http://www.youargue.com/index.php?option=com_content&view=article&id=32" target="_blank" rel="nofollow" >http://www.youargue.com/index.php?option=com_content&view=article&id=32</a>http://www.businessinsider.com/c/50ec3fcfecad04e54c00000aBrick HouseTue, 08 Jan 2013 10:48:31 -0500http://www.businessinsider.com/c/50ec3fcfecad04e54c00000a
No speculator should ever become this rich. This is one of the many consequences of fiat money and central banking. Not to say the wrong people can't get rich on the gold standard, but speculators like this would never exist. This man is a casino technician, he produces NOTHING! This is shameful....http://www.businessinsider.com/c/50ec3f1a6bb3f74d39000003Mike the Mad BiologistTue, 08 Jan 2013 10:45:30 -0500http://www.businessinsider.com/c/50ec3f1a6bb3f74d39000003
Is that a swimming pool or a ball game pit where the losers are sacrificed to the gods?http://www.businessinsider.com/c/50ec3ebceab8ea854c00001dBlackBoxHaloTue, 08 Jan 2013 10:43:56 -0500http://www.businessinsider.com/c/50ec3ebceab8ea854c00001d
So B.I., ts OK for this guy to own this mansion, but I should not own a 30 round magazine?http://www.businessinsider.com/c/50ec3e5ceab8eafb4e000008megamcmansionvilleTue, 08 Jan 2013 10:42:20 -0500http://www.businessinsider.com/c/50ec3e5ceab8eafb4e000008
Did he knock down Bernie Madoff's home? Where is the submarine dock and helicopter/drone landing pad?http://www.businessinsider.com/c/50ec3e0069bedd0d7d000003BoredTue, 08 Jan 2013 10:40:48 -0500http://www.businessinsider.com/c/50ec3e0069bedd0d7d000003
He doesn't seem worried about storm surge!
Can he get flood insurance for that from FEMA???http://www.businessinsider.com/c/50ec3d27eab8ea784900000bWhere Are Tue, 08 Jan 2013 10:37:11 -0500http://www.businessinsider.com/c/50ec3d27eab8ea784900000b
Where are the customers yachts? (Or, in this case, $44 million beach homes)http://www.businessinsider.com/c/50ec38b669bedd846d00001ddTue, 08 Jan 2013 10:18:14 -0500http://www.businessinsider.com/c/50ec38b669bedd846d00001d
This story and the pictures tell so much of what is wrong with this country.http://www.businessinsider.com/c/50ec316a6bb3f7691c00001cAqua BuddhaTue, 08 Jan 2013 09:47:06 -0500http://www.businessinsider.com/c/50ec316a6bb3f7691c00001c
I bet he has a salt water intrusion problem with this house before the end of this year! He will cry for FEMA help when his insurance shows up to broke to pay.